Ruling on Buying at a Discount Due to a Loan Given

Answer: Riba. This is because any conditional profit attained on a loan is riba, whether the condition is explicitly mentioned or understood. The jurists have..

Ruling On Availing Free Services Without Specific Account Balance?

Question: riba)?..

Ruling Regarding taking extra money for late payment in a Committee?

Answer: Riba), which is strictly impermissible and Haram. Taking extra money for delaying the installment payment is interest (Riba). As it is stated in M..

Ruling on Working for Less Due to Having Taken a Loan

Answer: Riba.” (Kanz Al-‘Ummal, Hadith No. 15156, Vol. 6, p. 238, Publ. Muasisah Al-Risalah, Beirut) اوراگراس بنا سے جدا ویسے ہی باہمی سلوک کے طورپر کوئی..

Ruling On Investing With A Condition Of Two Riyals Profit Per Piece

Answer: riba) involving agreement. Although Bakr has given money to Zaid as an investment, in reality it is a loan since the return of the full amount is agre..

Rulings Regarding Buying A Plot On Installments And Imposing A Fine On Late Installments

Answer: riba and riba is Haram (prohibited) in Islam. It must be known that concluding a deal without fixing the price of a plot or the duration of its pa..

Fixing a percentage on a loan?

Answer: Riba (usury); just as it is unlawful (Haraam) to take Riba (interest), it is also unlawful to pay interest and to form an interest-based agreement wit..

What is the ruling of taking benefit from a loan?

Answer: Riba (interest). As such, you cannot adopt this method. This is because according to the Shari’ah, the money that you will give to that individual is ..